§ 22221
49 words·~1 min read·
/ca/education-code/22221A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The board shall adopt, upon the recommendation of the actuary of the system, any mortality and other tables and interest rates necessary to do the following:
(a)Permit valuation of the assets and liabilities of the system.
(b)Make any determination or calculation necessary to carry out this part.